University of Memphis Investment Property

1622 Foster Ave, Memphis, TN 38106

$190,000 After Repair Value -
$70,000 Asking Price -
$15,000 Cost of Repairs =
$105,000 Potential Profit

Property Details

Asking Price $70,000

After Repair Value $190,000

Costs of Repairs $15,000

Potential Profit $105,000

Living Area 1,999 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 3

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $850

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

This property is 1,999 sq. ft. and has 3 bedrooms and 3 bathrooms. The rent estimate for this home is $850/mo. This home needs approximately $15,000 in repairs. We have a crew on standby to complete these repairs, in case you need a team. This home is worth approximately $190,000.

Please call, text, or email with any questions. Ruth freeze at g mail dot com 3 15 - 6


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